Robinhood US announced the listing of Floki (FLOKI), one of the leading meme coins, on Aug. 5.
Advertisement
However, the token only added a mere 2% on the announcement, surprising some market participants.
The meme coin was down by nearly 7% on Aug. 5 amid a broader cryptocurrency market pullback, with the Robinhood listing failing to give it any noticeable boost.
Advertisement
Tue, 08/05/2025 - 22:49
Coinbase Lists 4 New Cryptocurrencies in 1 Day: Details
BREAKING: Ripple Scores Big National Bank Win
Morning Crypto Report: Bitcoin Mogul Saylor Taps JP Morgan, Satoshi Disappeared Exactly 15 Years Ago, Shiba Inu (SHIB) Denies 'Meme Coins Are Dead' Claim
Ripple CTO Reacts to Solana's XRP Integration
Crypto Market Prediction: Is Shiba Inu (SHIB) Dream Rally Ending? Ethereum Brutally Denied After Fakeout, Bitcoin (BTC) Not Giving up $100,000
A $1 billion meme coin
FLOKI is down by roughly 36% from its local high of $0.000158 that was logged on July 23.
Despite the recent price drop, FLOKI still maintains a market cap of roughly $1 billion, which makes it the 107th biggest cryptocurrency as of now.
Advertisement
Dan Burgin
Vladislav Sopov
U.Today Editorial Team